Hey everyone, it's Hazim here from CoffeeSpace!
It’s hard to believe we’re already in the second half of the year! The first half has been a true roller coaster for us, and we're glad to have you with us on this crazy ride!
It has been a pretty eventful month for us and I'm excited to unpack how these weeks unfolded and share what's coming ahead.
Growth & Traction
🚀 95,000 swipes, 22,500 right swipes & 3,750 matches (double right swipes) to date
- Seems like you folks have been pretty busy swiping, and we're just a few days away from passing the 100k swipes mark on CoffeeSpace!
- Based on current data, on average every 12 swipes -> 3 right swipes -> 1 match
- We've also passed 3,500 signups on CoffeeSpace two days ago!
🎉 Our Community Round has been oversubscribed by 40% & we are upsizing
- To everyone who's joined our community round, thank you ❤️ We're thrilled to share that we've exceeded our initial target of $100k!
- Given the continued interest we're seeing, we'll be upsizing the round to $250k – if you're interested to learn more feel free to check out our one-pager or you can also directly schedule a call with me.
🏆 Top 100 on the App Store for Social Networking
- We broke into the Top 100 (Mac-compatible) social networking apps on the App Store a couple of weeks ago – this of course isn't quite the same as breaking into the Top 100 on mobile, but we'll take all the small wins we can get :)
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Product Updates (Coming Soon)
ℹ️ LinkedIn info + profile picture Integration on CoffeeSpace
- We conducted an NPS survey recently, and the top request was to have a more detailed profile for users.
- We're currently integrating with LinkedIn and it should be live in a few weeks. This will include the profile pic, one-liner, education, and experience sections.
✉️ CoffeeSpace's referral feature
- We'll be releasing our referral reward feature this month!
- Each time a friend signs up and gets approved, you'll both get a week of complimentary Business Class Membership worth $24.99.
- We won't be capping the rewards (at least for the first month of launch as an experiment) so refer as many folks as you want :)
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🛝 Website Playground
Many of you mentioned that it would've been nice to have a feel of how the app works on the website before signing up, so we're building what we call The Playground where people can see synthetic recommendations (it's our Buildspace S5 'toy')
📣 Shoutouts
Partnerships are one of the main ways we’re growing CoffeeSpace, and we’ve just added 3 amazing new partners recently!
- MatchPlay: Our first new partner helps create personalized roadmaps for founders to successfully build their companies while matching them directly with what they need for each step, whether they are investors, mentors, accelerators, or more. The best part? You can start using these resources at no cost (yes, you read that right)
- Peer2Peer: The first social club for 7K+ senior engineers from the top 50 CS schools, blending tier 1 startup and FAANG experience. Peer2Peer highlights members from within the community to help facilitate meaningful networking
- Daytwo.io: A platform that helps founders launch their app on Day 2, rather than months. It provides the boilerplate code needed to go live faster, enabling you to start iterating your product earlier
Our partner Antler will soon be opening their founder residency applications for the Fall 2024 cohort – as before CoffeeSpace members will get an expedited review through our referrals. More on this in the next update!
That's all from us this time – to those in the US, we wish you a happy 4th of July, and to everyone else in the community, have a great week! As always, feel free to reach out with any questions and feedback :)
Cheers,
Hazim & Carin
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